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9 hours ago, DinarThug said:

Honoring the Governor of the Central Bank of Iraq

05/7/2018 12:00 am 

  Samir Al Nusairi 
The information received from the Union of Arab Banks and based on special evaluation criteria indicates the selection of the Union of Arab Banks, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the best Arab, and was honored with a special celebration on the sidelines of the Arab International Banking Summit, In the French capital Paris under the patronage of the French Prime Minister and in the presence of ministers and governors of central banks and heads of boards of Arab, French and European banks and prominent economic, financial and banking personalities. 

This honor is in fact a tribute to the Central Bank of Iraq and cadres, whose role was distinctive in support system" rel="">support of the national economy in the near the difficult circumstances experienced by Iraq during the past three years.

The support system" rel="">support provided by the Central Bank to the national economy during the economic and security shocks suffered by Iraq due to the economic and financial crisis and the war on terrorism is a bright spot and a success experience in a country that is going through harsh conditions and a historic phase which is the most difficult to face the economic and security challenges that no country in the world has experienced. Such as Iraq.

 As the team of the Central Bank proved their success in enhancing the economic steadfastness and achieving monetary stability through the efforts, procedures and applications of monetary policy and the development procedures of the Central Bank in the difficult economic stage of Iraq, where they were able to draw a strategy for the years (2016-2020) and a clear road map goals and ambitions to achieve stability Economic growth, financial inclusion, structural and institutional construction, and the optimal investment in human capital through important achievements achieved during the years 2015-2017. The most important of these is the maintenance of inflation by no more than 2% For a hundred and at the level of adequacy of foreign reserves within acceptable rates according to the latest cumulative standard by the International Monetary Fund 0 by 160 percent, which is considered high-adequacy ratio internationally as foreign reserves of Iraq stood up to $ 52 billion.

And the establishment of new units within the regulatory structures of banks such as compliance and combating money laundering and financing of terrorism and management of credit and operational risks and the issuance of the law against money laundering 39 for the year 2015 and the development of payment systems and the application of all payments and retail by mobile phone and the establishment of the national division and work on the application of international standards In financial reporting in line with the principle of transparency and disclosure. 

 In addition, the Bank's efforts are exerted daily to stimulate financial inclusion and focus on the initiative to settle the salaries of employees in order to raise the financial coverage of the population who do not have accounts in the banking system, which actually rose from 11 percent to 22 percent, according to the World Bank Bulletin. 

In order to restore confidence in the banking sector, the Bank re-evaluated and classified banks in accordance with international standards and standards in evaluating business results and measuring the efficiency of performance.

As well as the establishment of a deposit guarantee company in order to raise the percentage of savings at banks and reduce the proportion of home-made and restore confidence in the banking sector and thus stimulate the economy through the activation of investment and bank financing initiative to finance small and medium projects and supervision and leadership of community initiatives funded by Iraqi banks such as Baghdad project and support system" rel="">support the Iraqi Drama Fund and the establishment Two companies for the national financing of large projects and the establishment of a fund for social and humanitarian benefits and take regulatory and structural measures and the development of the depository center in the Iraqi market for securities and the establishment of a national center for Query credit and payments of the Iraqi Council. 

At the level of international banking relations, the central bank has been able to restore relations with Arab and foreign central banks and deliver the achievements of the past three years to the international financial institutions such as the Financial Action Organization, which contributed to the transition of the classification of Iraq from gray to follow-up. 

The governor's visit in 2017 to the UN Security Council and its presentation of achievements, organizational and structural and technical and compliance with international standards in financial reporting and enhance confidence in the Iraqi economy and Iraq's ability to comply with international credit benefits and the World Bank and IMF and the Financial Action Task Force had a clear impact in promoting economic resilience and victory Financial and a steady pace towards financial sustainability. 

All these achievements make the Central Bank of Iraq worthy of praise and recognition. I call on the Iraqi national media to read, read and listen to the sincere efforts of the Iraqi people or fight terrorism and build the new Iraq in one and to highlight the achievements and success stories achieved despite all the challenges And one of the most prominent successes achieved by the Central Bank of Iraq.

http://www.alsabaah.iq/Article.....?ID=159546

 

Honoring the Governor of the Central Bank of Iraq

05/7/2018 12:00 am 

  Samir Al Nusairi 
The information received from the Union of Arab Banks and based on special evaluation criteria indicates the selection of the Union of Arab Banks, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the best Arab, and was honored with a special celebration on the sidelines of the Arab International Banking Summit, In the French capital Paris under the patronage of the French Prime Minister and in the presence of ministers and governors of central banks and heads of boards of Arab, French and European banks and prominent economic, financial and banking personalities. 

This honor is in fact a tribute to the Central Bank of Iraq and cadres, whose role was distinctive in support system" rel="">support of the national economy in the near the difficult circumstances experienced by Iraq during the past three years.

The support system" rel="">support provided by the Central Bank to the national economy during the economic and security shocks suffered by Iraq due to the economic and financial crisis and the war on terrorism is a bright spot and a success experience in a country that is going through harsh conditions and a historic phase which is the most difficult to face the economic and security challenges that no country in the world has experienced. Such as Iraq.

 As the team of the Central Bank proved their success in enhancing the economic steadfastness and achieving monetary stability through the efforts, procedures and applications of monetary policy and the development procedures of the Central Bank in the difficult economic stage of Iraq, where they were able to draw a strategy for the years (2016-2020) and a clear road map goals and ambitions to achieve stability Economic growth, financial inclusion, structural and institutional construction, and the optimal investment in human capital through important achievements achieved during the years 2015-2017. The most important of these is the maintenance of inflation by no more than 2% For a hundred and at the level of adequacy of foreign reserves within acceptable rates according to the latest cumulative standard by the International Monetary Fund 0 by 160 percent, which is considered high-adequacy ratio internationally as foreign reserves of Iraq stood up to $ 52 billion.

And the establishment of new units within the regulatory structures of banks such as compliance and combating money laundering and financing of terrorism and management of credit and operational risks and the issuance of the law against money laundering 39 for the year 2015 and the development of payment systems and the application of all payments and retail by mobile phone and the establishment of the national division and work on the application of international standards In financial reporting in line with the principle of transparency and disclosure. 

 In addition, the Bank's efforts are exerted daily to stimulate financial inclusion and focus on the initiative to settle the salaries of employees in order to raise the financial coverage of the population who do not have accounts in the banking system, which actually rose from 11 percent to 22 percent, according to the World Bank Bulletin. 

In order to restore confidence in the banking sector, the Bank re-evaluated and classified banks in accordance with international standards and standards in evaluating business results and measuring the efficiency of performance.

As well as the establishment of a deposit guarantee company in order to raise the percentage of savings at banks and reduce the proportion of home-made and restore confidence in the banking sector and thus stimulate the economy through the activation of investment and bank financing initiative to finance small and medium projects and supervision and leadership of community initiatives funded by Iraqi banks such as Baghdad project and support system" rel="">support the Iraqi Drama Fund and the establishment Two companies for the national financing of large projects and the establishment of a fund for social and humanitarian benefits and take regulatory and structural measures and the development of the depository center in the Iraqi market for securities and the establishment of a national center for Query credit and payments of the Iraqi Council. 

At the level of international banking relations, the central bank has been able to restore relations with Arab and foreign central banks and deliver the achievements of the past three years to the international financial institutions such as the Financial Action Organization, which contributed to the transition of the classification of Iraq from gray to follow-up. 

The governor's visit in 2017 to the UN Security Council and its presentation of achievements, organizational and structural and technical and compliance with international standards in financial reporting and enhance confidence in the Iraqi economy and Iraq's ability to comply with international credit benefits and the World Bank and IMF and the Financial Action Task Force had a clear impact in promoting economic resilience and victory Financial and a steady pace towards financial sustainability. 

All these achievements make the Central Bank of Iraq worthy of praise and recognition. I call on the Iraqi national media to read, read and listen to the sincere efforts of the Iraqi people or fight terrorism and build the new Iraq in one and to highlight the achievements and success stories achieved despite all the challenges And one of the most prominent successes achieved by the Central Bank of Iraq. 

http://www.alsabaah.iq/Article.....?ID=159546
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9 hours ago, DinarThug said:

Central Bank signs MoU to develop smart technologies

05/7/2018 12:00 am 

 Baghdad / Al-Sabah
The Central Bank of Iraq (CBI) signed a memorandum of understanding (MoU) with Yunin Bi International International on Wednesday to develop smart payment technologies and electronic payment services in Iraq. "The company is one of the largest companies in China and most of the Asian countries in this field, in addition to being the third largest international company to issue and collect cards," said a statement issued by the Central Bank.
 

This agreement came in the light of the strategy of the Central Bank To develop electronic payment services and open the horizons of work and competition for international companies to participate actively in the implementation of current and future plans for the electronic payment sector, as well as the development of this sector and the transfer of expertise owned by this company to the Iraqi market, thus facilitating the payment and transfer of funds smoothly and smoothly E-cards saliva.


The company intends to enhance the collection of card purchase payments through traders using the latest technology developed over the years in mature and promising markets," the statement said. "Supporting the international companies and organizing their work in the country will contribute directly to providing the best services and providing effective competition in this field," the statement said.

 

This is the third memorandum signed by the bank in 2018 with global card companies as part of its expansion plans. In the use of high technology to promote the work of cards and the development of payment systems in accordance with the best international practice
 

 http://www.alsabaah.iq/Article.....?ID=159563

 

Central Bank signs MoU to develop smart technologies

05/7/2018 12:00 am 

 Baghdad / Al-Sabah
The Central Bank of Iraq (CBI) signed a memorandum of understanding (MoU) with Yunin Bi International International on Wednesday to develop smart payment technologies and electronic payment services in Iraq. "The company is one of the largest companies in China and most of the Asian countries in this field, in addition to being the third largest international company to issue and collect cards," said a statement issued by the Central Bank.
 

This agreement came in the light of the strategy of the Central Bank To develop electronic payment services and open the horizons of work and competition for international companies to participate actively in the implementation of current and future plans for the electronic payment sector, as well as the development of this sector and the transfer of expertise owned by this company to the Iraqi market, thus facilitating the payment and transfer of funds smoothly and smoothly E-cards saliva.


The company intends to enhance the collection of card purchase payments through traders using the latest technology developed over the years in mature and promising markets," the statement said. "Supporting the international companies and organizing their work in the country will contribute directly to providing the best services and providing effective competition in this field," the statement said.

 

This is the third memorandum signed by the bank in 2018 with global card companies as part of its expansion plans. In the use of high technology to promote the work of cards and the development of payment systems in accordance with the best international practice
 

 http://www.alsabaah.iq/Article.....?ID=159563

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Hey - They’re Not Screwing Around Here ! :o 

 

:D  :D  :D 

 

 

 

 

LINK

Planning reveals low population growth rate in Iraq
115158.jpg?width=750&&height=375 

 

5th July, 2018

The Ministry of Planning and Development Cooperation confirmed on Thursday, July 5, 2018, that the rate of population growth in Iraq, fell to 2.6%, noting that the population of Iraq are increasing annually by 850 thousand to one million people .

"The rate of population growth in Iraq fell to 2.6 percent from 3 percent years ago, " ministry spokesman Abdul Zahra al-Hindawi told reporters.

He added that "the reasons for the decline in population growth is due to the fact that families are beginning to reduce births and a few children within a single family in order to reduce the material burden "

"The population of Iraq is increasing at an annual rate of 850,000 to 1 million," he said. "By the end of the year, the population will reach 38 million and 50 million in 2030, " he said

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UNDP: 50 million will be Iraq's population in 2030

image 

 

4th July, 2018


The United Nations Development Program (UNDP) expects the population of Iraq to reach 50 million by 2030, while 71% of the population will live in urban cities.  "In 2030, the population of Iraq will be around 50 million," the program said in a study conducted by Mawazine News. "71% of them will live in urban cities, compared to 29% in rural areas." 

He pointed out that "59% of the population of Iraq is now under the age of 19," noting that "78% of Iraqis using modern technology, and 12% have a personal computer."  He continued, "The 13% of Iraqis pay bribes while conducting transactions in various circles," revealing that " He pointed out that "the number of government employees 7.9 million at the rate of 72% male and 13% female every 6 male employees equivalent to one female employee," noting that "the unemployment rate among young people ranging from ages (15-25) , With 18% female and 17% male. 

The United Nations Development Program (UNDP) is a United Nations global development network, an organization that supports change and links countries with knowledge, experience and resources to help people build a better life. 
It operates in 177 countries and helps them develop their solutions to meet local and global development challenges. It also develops local capacities that rely on UNDP staff and a wide range of partners. 

The United Nations Development Program (UNDP) has been in Iraq since 1976 and since 2003 has worked to support the Government and people of Iraq in the transition towards reconciliation, peace and stability. UNDP support from emergency livelihood support and community dialogue in areas affected by the humanitarian crisis varies from assisting in the restoration of newly liberated areas to providing technical support for governance reforms and decentralization.

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On ‎7‎/‎2‎/‎2018 at 8:22 PM, Laid Back said:

I think Is a misprint........ Is not $47........ I believe is $4.7

 

At $4.7 dollar per dinar they can get all my dinars

 

Go former glory

 

Heck, at $.47 they can have ALL of mine ! Yee hah !!!

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19 hours ago, Half Crazy Runner said:

 

Oh I know we’re not going to get $5.26 😆. I meant,  just for fun, I multiplied how much dinar I have by $5.26. 💰

And I bet your dog is loving where he or she stands in all this. I know the two I am watching for my son have taken a personnel interest in my welfare. :lol:

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9 hours ago, DinarThug said:

Honoring the Governor of the Central Bank of Iraq

05/7/2018 12:00 am 

  Samir Al Nusairi 
The information received from the Union of Arab Banks and based on special evaluation criteria indicates the selection of the Union of Arab Banks, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the best Arab, and was honored with a special celebration on the sidelines of the Arab International Banking Summit, In the French capital Paris under the patronage of the French Prime Minister and in the presence of ministers and governors of central banks and heads of boards of Arab, French and European banks and prominent economic, financial and banking personalities. 

This honor is in fact a tribute to the Central Bank of Iraq and cadres, whose role was distinctive in support system' target='_blank' style=" rel="">support system" rel="">support of the national economy in the near the difficult circumstances experienced by Iraq during the past three years.

The support system' target='_blank' style=" rel="">support system" rel="">support provided by the Central Bank to the national economy during the economic and security shocks suffered by Iraq due to the economic and financial crisis and the war on terrorism is a bright spot and a success experience in a country that is going through harsh conditions and a historic phase which is the most difficult to face the economic and security challenges that no country in the world has experienced. Such as Iraq.

 As the team of the Central Bank proved their success in enhancing the economic steadfastness and achieving monetary stability through the efforts, procedures and applications of monetary policy and the development procedures of the Central Bank in the difficult economic stage of Iraq, where they were able to draw a strategy for the years (2016-2020) and a clear road map goals and ambitions to achieve stability Economic growth, financial inclusion, structural and institutional construction, and the optimal investment in human capital through important achievements achieved during the years 2015-2017. The most important of these is the maintenance of inflation by no more than 2% For a hundred and at the level of adequacy of foreign reserves within acceptable rates according to the latest cumulative standard by the International Monetary Fund 0 by 160 percent, which is considered high-adequacy ratio internationally as foreign reserves of Iraq stood up to $ 52 billion.

And the establishment of new units within the regulatory structures of banks such as compliance and combating money laundering and financing of terrorism and management of credit and operational risks and the issuance of the law against money laundering 39 for the year 2015 and the development of payment systems and the application of all payments and retail by mobile phone and the establishment of the national division and work on the application of international standards In financial reporting in line with the principle of transparency and disclosure. 

 In addition, the Bank's efforts are exerted daily to stimulate financial inclusion and focus on the initiative to settle the salaries of employees in order to raise the financial coverage of the population who do not have accounts in the banking system, which actually rose from 11 percent to 22 percent, according to the World Bank Bulletin. 

In order to restore confidence in the banking sector, the Bank re-evaluated and classified banks in accordance with international standards and standards in evaluating business results and measuring the efficiency of performance.

As well as the establishment of a deposit guarantee company in order to raise the percentage of savings at banks and reduce the proportion of home-made and restore confidence in the banking sector and thus stimulate the economy through the activation of investment and bank financing initiative to finance small and medium projects and supervision and leadership of community initiatives funded by Iraqi banks such as Baghdad project and support system' target='_blank' style=" rel="">support system" rel="">support the Iraqi Drama Fund and the establishment Two companies for the national financing of large projects and the establishment of a fund for social and humanitarian benefits and take regulatory and structural measures and the development of the depository center in the Iraqi market for securities and the establishment of a national center for Query credit and payments of the Iraqi Council. 

At the level of international banking relations, the central bank has been able to restore relations with Arab and foreign central banks and deliver the achievements of the past three years to the international financial institutions such as the Financial Action Organization, which contributed to the transition of the classification of Iraq from gray to follow-up. 

The governor's visit in 2017 to the UN Security Council and its presentation of achievements, organizational and structural and technical and compliance with international standards in financial reporting and enhance confidence in the Iraqi economy and Iraq's ability to comply with international credit benefits and the World Bank and IMF and the Financial Action Task Force had a clear impact in promoting economic resilience and victory Financial and a steady pace towards financial sustainability. 

All these achievements make the Central Bank of Iraq worthy of praise and recognition. I call on the Iraqi national media to read, read and listen to the sincere efforts of the Iraqi people or fight terrorism and build the new Iraq in one and to highlight the achievements and success stories achieved despite all the challenges And one of the most prominent successes achieved by the Central Bank of Iraq. 

http://www.alsabaah.iq/Article.....?ID=159546

 

He Offered His Honor !

 

 

She Honored His Offer !

 

 

Then All Night Long It Was Honor And Offer ! :o 

 

:D  :D  :D 

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5 minutes ago, 6ly410 said:

I posted this in the news section ..i didn’t realized it was already posted.. sorry

 

No Worries Six - Good News Is Always Worth Repeating ! ;) 

 

:D  :D  :D 

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4 hours ago, CSM (R) Thackrey said:

Anchors Aweigh, my boys, Anchors Aweigh!!!🇺🇸 🚢 

Sorry...My response (above) was supposed to be related to the thread Dinar Thug posted (below)...I posted in the wrong thread!

The US military responds to Iran's threat to close the Strait of Hormuz: ready to guarantee freedom ofnavigation


اÙجÙØ´ اÙØ£ÙرÙÙÙ Ùرد عÙ٠تÙدÙد اÙرا٠بغÙÙ ÙضÙÙ ÙرÙز: جاÙزÙÙ ÙضÙا٠حرÙØ© اÙÙÙاحة 

 

5th July, 2018


Pledged to the US military on Thursday to maintain freedom of navigation for oil tankers in the Persian Gulf, after Iran threatened to close the Strait of Hormuz to oil tankers. 

"US naval forces and regional allies are ready to ensure freedom of navigation and free flow of goods, wherever international law allows in the Persian Gulf," said US Army Middle East spokesman Bill Urban.

On Wednesday, Iranian Revolutionary Guards commander Ismail Kuthari threatened to block oil shipments through the Strait of Hormuz if Washington banned his country's exports. 

Iranian President Hassan Rowhani issued similar threats, praised by Qasim Soleimani, commander of the Quds Force of the Revolutionary Guard, the Islamic Republic News Agency (IRNA) reported Wednesday. 

Commenting on the Iranian threats, Soleimani said the Corps was "ready to carry out orders", according to media reports.

 
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13 hours ago, DinarThug said:

 

Honoring the Governor of the Central Bank of Iraq

05/7/2018 12:00 am 

  Samir Al Nusairi 
The information received from the Union of Arab Banks and based on special evaluation criteria indicates the selection of the Union of Arab Banks, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the best Arab, and was honored with a special celebration on the sidelines of the Arab International Banking Summit, In the French capital Paris under the patronage of the French Prime Minister and in the presence of ministers and governors of central banks and heads of boards of Arab, French and European banks and prominent economic, financial and banking personalities. 

This honor is in fact a tribute to the Central Bank of Iraq and cadres, whose role was distinctive in support system' target='_blank' style=">support system" rel="">support of the national economy in the near the difficult circumstances experienced by Iraq during the past three years.

The support system' target='_blank' style=">support system" rel="">support provided by the Central Bank to the national economy during the economic and security shocks suffered by Iraq due to the economic and financial crisis and the war on terrorism is a bright spot and a success experience in a country that is going through harsh conditions and a historic phase which is the most difficult to face the economic and security challenges that no country in the world has experienced. Such as Iraq.

 As the team of the Central Bank proved their success in enhancing the economic steadfastness and achieving monetary stability through the efforts, procedures and applications of monetary policy and the development procedures of the Central Bank in the difficult economic stage of Iraq, where they were able to draw a strategy for the years (2016-2020) and a clear road map goals and ambitions to achieve stability Economic growth, financial inclusion, structural and institutional construction, and the optimal investment in human capital through important achievements achieved during the years 2015-2017. The most important of these is the maintenance of inflation by no more than 2% For a hundred and at the level of adequacy of foreign reserves within acceptable rates according to the latest cumulative standard by the International Monetary Fund 0 by 160 percent, which is considered high-adequacy ratio internationally as foreign reserves of Iraq stood up to $ 52 billion.

And the establishment of new units within the regulatory structures of banks such as compliance and combating money laundering and financing of terrorism and management of credit and operational risks and the issuance of the law against money laundering 39 for the year 2015 and the development of payment systems and the application of all payments and retail by mobile phone and the establishment of the national division and work on the application of international standards In financial reporting in line with the principle of transparency and disclosure. 

 In addition, the Bank's efforts are exerted daily to stimulate financial inclusion and focus on the initiative to settle the salaries of employees in order to raise the financial coverage of the population who do not have accounts in the banking system, which actually rose from 11 percent to 22 percent, according to the World Bank Bulletin. 

In order to restore confidence in the banking sector, the Bank re-evaluated and classified banks in accordance with international standards and standards in evaluating business results and measuring the efficiency of performance.

As well as the establishment of a deposit guarantee company in order to raise the percentage of savings at banks and reduce the proportion of home-made and restore confidence in the banking sector and thus stimulate the economy through the activation of investment and bank financing initiative to finance small and medium projects and supervision and leadership of community initiatives funded by Iraqi banks such as Baghdad project and support system' target='_blank' style=">support system" rel="">support the Iraqi Drama Fund and the establishment Two companies for the national financing of large projects and the establishment of a fund for social and humanitarian benefits and take regulatory and structural measures and the development of the depository center in the Iraqi market for securities and the establishment of a national center for Query credit and payments of the Iraqi Council. 

At the level of international banking relations, the central bank has been able to restore relations with Arab and foreign central banks and deliver the achievements of the past three years to the international financial institutions such as the Financial Action Organization, which contributed to the transition of the classification of Iraq from gray to follow-up. 

The governor's visit in 2017 to the UN Security Council and its presentation of achievements, organizational and structural and technical and compliance with international standards in financial reporting and enhance confidence in the Iraqi economy and Iraq's ability to comply with international credit benefits and the World Bank and IMF and the Financial Action Task Force had a clear impact in promoting economic resilience and victory Financial and a steady pace towards financial sustainability. 

All these achievements make the Central Bank of Iraq worthy of praise and recognition. I call on the Iraqi national media to read, read and listen to the sincere efforts of the Iraqi people or fight terrorism and build the new Iraq in one and to highlight the achievements and success stories achieved despite all the challenges And one of the most prominent successes achieved by the Central Bank of Iraq. 

http://www.alsabaah.iq/Article.....?ID=159546

Just wow...

Edited by 6ly410
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4 hours ago, ChuckFinley said:

And I bet your dog is loving where he or she stands in all this. I know the two I am watching for my son have taken a personnel interest in my welfare. :lol:

 

Yep! We keep telling him all the cool new toys he’s going to have once this is all over 😁  And a month ago we added a second puppy to the family! They are keeping us very busy and very distracted from all the craziness of this investment!

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1 hour ago, CSM (R) Thackrey said:

Sorry...My response (above) was supposed to be related to the thread Dinar Thug posted (below)...I posted in the wrong thread!

The US military responds to Iran's threat to close the Strait of Hormuz: ready to guarantee freedom ofnavigation


اÙجÙØ´ اÙØ£ÙرÙÙÙ Ùرد عÙ٠تÙدÙد اÙرا٠بغÙÙ ÙضÙÙ ÙرÙز: جاÙزÙÙ ÙضÙا٠حرÙØ© اÙÙÙاحة 

 

5th July, 2018


Pledged to the US military on Thursday to maintain freedom of navigation for oil tankers in the Persian Gulf, after Iran threatened to close the Strait of Hormuz to oil tankers. 

"US naval forces and regional allies are ready to ensure freedom of navigation and free flow of goods, wherever international law allows in the Persian Gulf," said US Army Middle East spokesman Bill Urban.

On Wednesday, Iranian Revolutionary Guards commander Ismail Kuthari threatened to block oil shipments through the Strait of Hormuz if Washington banned his country's exports. 

Iranian President Hassan Rowhani issued similar threats, praised by Qasim Soleimani, commander of the Quds Force of the Revolutionary Guard, the Islamic Republic News Agency (IRNA) reported Wednesday. 

Commenting on the Iranian threats, Soleimani said the Corps was "ready to carry out orders", according to media reports.

 

 

Ur All Good Thack - And Ur Original Response Earlier Was In The Right Place But Somebody Later Moved That Particular Article From Here To Another Thread ! ;) 

 

 

 

Sometimes There’s Some Pretty Crazy Ship Going On Around Here ! :o 

 

:D  :D  :D 

 

 

The US military responds to Iran's threat to close the Strait of Hormuz: ready to guarantee freedom ofnavigation

 
اÙجÙØ´ اÙØ£ÙرÙÙÙ Ùرد عÙ٠تÙدÙد اÙرا٠بغÙÙ ÙضÙÙ ÙرÙز: جاÙزÙÙ ÙضÙا٠حرÙØ© اÙÙÙاحة 

 

5th July, 2018


Pledged to the US military on Thursday to maintain freedom of navigation for oil tankers in the Persian Gulf, after Iran threatened to close the Strait of Hormuz to oil tankers. 

"US naval forces and regional allies are ready to ensure freedom of navigation and free flow of goods, wherever international law allows in the Persian Gulf," said US Army Middle East spokesman Bill Urban.

On Wednesday, Iranian Revolutionary Guards commander Ismail Kuthari threatened to block oil shipments through the Strait of Hormuz if Washington banned his country's exports. 

Iranian President Hassan Rowhani issued similar threats, praised by Qasim Soleimani, commander of the Quds Force of the Revolutionary Guard, the Islamic Republic News Agency (IRNA) reported Wednesday. 

Commenting on the Iranian threats, Soleimani said the Corps was "ready to carry out orders", according to media reports.

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13 minutes ago, DinarThug said:

 

Ur All Good Thack - And Ur Original Response Earlier Was In The Right Place But Somebody Later Moved That Particular Article From Here To Another Thread ! ;) 

 

 

 

Sometimes There’s Some Pretty Crazy Ship Going On Around Here ! :o 

 

:D  :D  :D 

 

 

The US military responds to Iran's threat to close the Strait of Hormuz: ready to guarantee freedom ofnavigation

 
اÙجÙØ´ اÙØ£ÙرÙÙÙ Ùرد عÙ٠تÙدÙد اÙرا٠بغÙÙ ÙضÙÙ ÙرÙز: جاÙزÙÙ ÙضÙا٠حرÙØ© اÙÙÙاحة 

 

5th July, 2018


Pledged to the US military on Thursday to maintain freedom of navigation for oil tankers in the Persian Gulf, after Iran threatened to close the Strait of Hormuz to oil tankers. 

"US naval forces and regional allies are ready to ensure freedom of navigation and free flow of goods, wherever international law allows in the Persian Gulf," said US Army Middle East spokesman Bill Urban.

On Wednesday, Iranian Revolutionary Guards commander Ismail Kuthari threatened to block oil shipments through the Strait of Hormuz if Washington banned his country's exports. 

Iranian President Hassan Rowhani issued similar threats, praised by Qasim Soleimani, commander of the Quds Force of the Revolutionary Guard, the Islamic Republic News Agency (IRNA) reported Wednesday. 

Commenting on the Iranian threats, Soleimani said the Corps was "ready to carry out orders", according to media reports.

Appreciate it DT!!

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Analyst: Oil prices may exceed $ 150

Analyst: Oil prices may exceed $ 150

 

6th July, 2018

 

An analyst firm said , "Sandord Bernstein & Co." The oil investors may regret to urge companies to spend money instead of investing in growth for the future, because the scarcity of exploration paves the way for an unprecedented rise in crude prices

Companies have been forced to focus on increasing returns and shareholders' distributions at the expense of expansion of capital expenditures aimed at new supplies, Bloomberg said in a note issued Friday

This leads to a decline in the reserves of major producers, a decline in the rate of reinvestment to industry, and paves the way for oil prices to exceed the historic level of the past decade

Investors who incited the task force to curb capital spending and cash returns "will regret the lack of investment," the company note said, pointing out that any shortfall in supply would lead to a surge in prices

The rise may be higher and much higher than the 2008 high of $ 150 a barrel

In 2014, Royal Dutch and BP cut costs and sold assets to help satisfy investors at a time of sharp oil price declines

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Gears of Iraq Government Moving in Right Direction

Gears of Iraq Government Moving in Right Direction 

 

5th July, 2018


After a tough year of recession, growth is set to return to Iraq’s economy. Backed by increased oil revenues thanks to the rise in global oil prices, and in spite of the stalling of talks with the Kurdish Regional Government in Erbil over restarting the oil export pipeline from Kirkuk to Turkey, Iraq’s economy has finally turned the corner in 2018.

The conclusive hobbling of the Islamic State in Iraq and Syria has allowed Baghdad to get back to the business of repairing its damaged infrastructure, including another pipeline from Kirkuk to refineries and power plants in the south, and drawing up clear reconstruction plans, Verdict.co. reported.

Baghdad’s launch in May of a $35 billion reconstruction plan for areas previously under the control of IS, supported by the EU and UN, signaled that the gears of government are once again turning in the right direction.

Indeed, it is a sign of the country’s new-found relative stability that the biggest source of disruption this year, both actual and potential, has been the ongoing parliamentary election.

Both the outcome, with the ascendance as kingmaker of populist Shia cleric Muqtada al-Sadr, and the prospect of protracted negotiations on the formation of the government have the potential to disrupt or at least delay the execution of important legislation.

The implementation of a vital new petroleum law passed in March that sets the scene for better relations between the Iraqi government and international oil companies could well be among the casualties of prolonged political wrangling.

The stabilization of Iraq’s economy and public finances are nevertheless a source of great relief to investors and prospective contractors, lending weight to the supposition that Iraq will ultimately deliver on its pipeline of projects across the oil and gas, power, transport and construction sectors.

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"The implementation of a vital new petroleum law passed in March that sets the scene for better relations between the Iraqi government and international oil companies could well be among the casualties of prolonged political wrangling."

 

I believe they are taking about "the national oil company" law..... The Kurds are not happy with their share

of the budget, equal to 12.67%

 

Go RV

Go profit sharing

Go purchasing power

 

 

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